LS Cable Grabs $13-m Transmission Lines Contract from MoEP

Subscribe to our Tender Alert. We send out email alert on Tender and EOI as it happens. South Korean wire and cable maker LS Cable & System (LS C&S) said its Vietnamese subsidiary, LS-VINA, has won a contract from the Ministry of Electric Power to supply transmission lines worth $13 million. This is the largest […]

Chinese Firm Signs $367-m Offshore Contract in Myanmar

China’s state-owned Offshore Oil Engineering announced that the company and Petroleum Authority of Thailand has signed a Myanmar Zawtika Phase 1B EPCI contract and gained a local governmental approval. The contract covers design, construction and offshore installation of four wellhead platform and pavement of four subsea pipelines. Contracted value is about $367 million, the company […]

Myanmar’s oil and gas boom fuels services scramble

YANGON — As economic and political changes brewed in Myanmar four years ago, Yadana Su Hlaing decided it was time to return home after a decade studying and working overseas to help run Smart Technical Services, the Yangon-based oil and gas support services company founded by her father, K.K. Hlaing. Her timing could not have […]

China’s New Economic Priorities Offer ‘Exit Strategy’ on Myitsone Dam

New financial constraints imposed by Beijing to deal with China’s bloated economy could lead to the controversial Myitsone hydroelectric dam project in northern Myanmar being quietly abandoned. The Naypyidaw government has been under pressure from China Power Investment Corporation (CPI) to lift a suspension of construction imposed in 2011 by President Thein Sein, but new […]